Home Options NFLXReports

NFLX

Netflix, Inc.Close $80.34EOD only

Max Pain

$87.00

Next expiry Jun 18, 2026

Expected Move

±$2.50

3.1% from close

Price Gap

+6.66

Distance to max pain

IV Rank

Middle-high premium

P/C OI

0.78

Slightly call-heavy

Consensus

7.0/10

Bearish tilt

Published snapshot: Jun 12, 2026 close

End-of-day snapshot

This page reflects NFLX options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

Jun 12, 2026 close

NFLX Flow Report

Analysis based on market close June 11, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from June 11, 2026. A newer flow report is available for June 12, 2026.

View latest report

Flow Verdict

Confidence:

7.5 / 10

base 5; +2 GEX/flow strongly aligned; +0.5 VIX 19

Watch next session: Put volume on $97, $110; Call OI changes at $81, $82

Flow Summary

Net premium: -$63.6M bearish

P/C volume ratio: 0.79

P/C OI ratio: 0.79

Net premium -$63.6M, GEX -$71M, DEX +127M shares indicate bearish flow. Heavy call volume on $81, $79 likely short-term speculative; put volume on $97, $110, $140 shows downside hedging. Put/Call volume ratio 0.79 but premium put-dominated. Rally in broad market contrasts.

Notable Prints

NFLX 2026-06-12 $81.00 Call

Vol: 10,462

OI: 1,629

Vol/OI: 6.4x

IV: 24.4%

Notional: ~$764K

Intent: bullish speculation

Read-through: Aggressive OTM call buying

NFLX 2026-06-12 $79.00 Call

Vol: 1,864

OI: 326

Vol/OI: 5.7x

IV: 36.1%

Notional: ~$475K

Intent: bullish speculation

Read-through: OTM call accumulation

NFLX 2026-06-18 $97.00 Put

Vol: 5,503

OI: 1,533

Vol/OI: 3.6x

IV: 85.8%

Notional: ~$8.5M

Intent: bearish hedge

Dual read: speculative put

Read-through: Hedging downside

NFLX 2026-06-18 $110.00 Put

Vol: 3,672

OI: 1,143

Vol/OI: 3.2x

IV: 98.4%

Notional: ~$10.8M

Intent: bearish speculation

Read-through: Deep OTM put

NFLX 2027-01-15 $140.00 Put

Vol: 600

OI: 200

Vol/OI: 3.0x

IV: 52.4%

Notional: ~$3.5M

Intent: long-term hedge

Read-through: Tail risk protection

Institutional Positioning

Call additions: Heavy call buying at $81/$79 weekly, $82 Jun18, $87/$90 Jul

Put additions: Aggressive put buying at $97/$110 Jun18, $140 Jan27, $73 Jul

GEX/DEX consistency: GEX negative (-71M) vs DEX positive (127M) — mixed, aligns with flow regime

OI clusters: Largest OI: $82C (5.3k), $97P (1.5k), $110P (1.1k)

Hedging evidence: Long-dated $140P for downside hedging; near-term $97/$110P likely event protection

Max pain context: Spot below MP; gamma flip at $75; high put OI at $97/$110 may pin price

Signal vs Noise

~Heavy call buying at $81 (6.4x vol/OI) – bullish signal, short-term

~Put premiums outweigh calls despite higher call volume – bearish net positioning signal

~Long-dated $140 put buying – institutional hedging signal, not speculative

~High IV on puts (85-98%) – noise from event uncertainty; focus on volume shifts

Key Conclusions

📈Short-term bullish call flow at $81-$82 weekly despite net premium negative

🛡️Institutional hedging via long-dated $140 puts signals downside risk

⚖️Mixed GEX/DEX and negative net premium suggest uncertainty, spot below MP

🔍Aggressive put buying at $97/$110 Jun18 near expiry – event-driven hedging

How to Use These Reports

This flow reflects the market close on June 11, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.